Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for GBPMUR
The long term trend has been UP since Mar 5th, 2019 at 45.6185
The intermediate term trend has been DOWN since May 16th, 2019 at 45.0195
The short term trend has been DOWN since May 21st, 2019 at 44.7640
Smart Scan Analysis for GBPMUR
Based on a pre-defined weighted trend formula for chart analysis, GBPMUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.0735 | 45.2000 | 45.0735 | 45.2000 | +0.1265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.0735 | 43.6110 | 46.7890 | 2019-05-25 09:13:18 |